Top 3 companies that have been paying a dividend for over 75 years
For investors, long-term dividend payments are the holy grail. Companies that can pay stable or growing dividends for decades demonstrate financial resilience, the ability to generate sustainable cash flow and loyalty to their shareholders. And today, we'll look at three that have been proving it for more than 75 years.
Black & Decker $SWK
Black & Decker is an American multinational tool and appliance company. Founded in 1910, the company currently sells its products in more than 100 countries under brands such as Black & Decker, DeWalt, Porter-Cable and others.
Dividends play an important role in Black & Decker's strategy. It first began paying dividends in 1941 and has continuously paid dividends to its shareholders to this day. That's an incredible 82 years. Moreover, the company has continuously increased its dividend for nearly 40 years. Understandably, then, it is one of the dividend aristocrats.
Dividend…
I've heard of all the companies, but it wasn't until $LLY that I finally learned that they also have stock. Cool stuff.
I admit I didn't even know $SWK... but their history is pretty solid!